They don’t own it anymore. It’s changed hands a few times but no one wants to make any investment into developing there. It’s too much work and the risks are to great.
I knew it was up for sale but I didn’t know somebody had bought it.
I looked up what they had planned for the development and it’s absolutely insane. I’ll be shocked if this ever really gets off the ground especially for the budget and timeline they’ve given.
Plus, they’re asking for $100 mil in government funds. If you know anything about New Orleans politics be this will definitely end up in someone’s pockets. This whole thing reeks of grift. Hopefully I’m wrong because that area definitely needs help in turning around.
They don’t own it anymore. It’s changed hands a few times but no one wants to make any investment into developing there. It’s too much work and the risks are to great.
I thought that some company got the bid to redevelop it?
I knew it was up for sale but I didn’t know somebody had bought it.
I looked up what they had planned for the development and it’s absolutely insane. I’ll be shocked if this ever really gets off the ground especially for the budget and timeline they’ve given.
Plus, they’re asking for $100 mil in government funds. If you know anything about New Orleans politics be this will definitely end up in someone’s pockets. This whole thing reeks of grift. Hopefully I’m wrong because that area definitely needs help in turning around.